The EMA sent a letter in response to the EBA Opinion on the nature of passport notifications of payment institutions (PIs) and electronic money institutions (EMIs) using agents and distributors located in another Member State.
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Electronic Money Association
The Electronic Money Association is the European trade body for electronic money issuers and payment institutions.
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We have published two calls for views exploring greater protections for everyone using payment systems: one relating to the protections against APP scams, and the other looking more broadly at consumer protection in interbank (bank-to-bank) payments. https://bit.ly/2MVV8OO
We are consulting on ways to reduce risks to the successful renewal of the UK’s interbank payment systems.
You can read the publication here – https://bit.ly/3rhna5S
Please send your comments to PSRNPA@psr.org.uk.
#payments #regulation
https://youtu.be/h2O2v9m3_p4
We’re also consulting on changes to our approach to regulating payments and e-money firms, including changes to support innovation and competition in the sector.
Read and respond by 30 April 2021.
https://www.fca.org.uk/publications/consultation-papers/cp21-3-changes-sca-rts-and-guidance-payment-services-and-electronic-money-our-approach-and-perimeter
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